E-commerce is an improvement or revolution for traditional business

With the growing appeal of e-commerce, virtual enterprises, virtual banks, online marketing, online shopping, online payment, online advertising and a large number of unheard of new terms are familiar to people and identity, these words at the same time from another side of the e-commerce is a reflection of the impact of the social and economic.

(1) E-commerce will change the way business is conducted. The most typical scenario of traditional business activities is "salesman flying all over the sky" "purchasing agent running all over the place", "said the mouth, run broken legs"; consumers in the shopping malls to exhaust themselves looking for Consumers are exhausted in shopping malls looking for the goods they need. Now, through the Internet as long as you can move your hands, people can enter the online shopping malls to browse, purchase all kinds of products, but also to get online services; merchants can contact customers online, using the network of payment settlement services; the government can also be convenient to carry out electronic bidding, government procurement, etc.;

(2) E-commerce will change the way people consume. The biggest feature of online shopping is consumer dominance, shopping will be in the hands of consumers; at the same time, consumers can also be an easy and free self-service way to complete the transaction, consumer sovereignty can be fully embodied in the network shopping;

(3) E-commerce will change the production mode of enterprises. Due to e-commerce a fast, convenient means of shopping, consumer personalization, special needs can be completely through the network to show in front of the manufacturers, in order to please the customer, highlighting the design style of the product, the manufacturing industry, many companies have to develop and popularize e-commerce, such as the U.S. Ford Motor Co. in 1998 in March will be distributed throughout the world, 120,000 computer workstations and the company's intranet connection, and the world's 15,000 dealers into the intranet. Ford's ultimate goal is to realize the ability to supply cars on demand according to the different requirements of users.

(4) E-commerce will bring a revolution to traditional industries. E-commerce is in the whole process of business activities, through the combination of people and electronic communication methods, greatly improving the efficiency of business activities, reduce unnecessary intermediate links, the traditional manufacturing industry to enter the small batch, multi-species era, "zero inventory" has become a possibility; the traditional retail and wholesale industries to create a "no shop", "no shop", "no shop", "no shop", "no shop", "no shop", "no shop", "no shop", "no shop", "no shop". The traditional retail and wholesale industries have created a new model of "no store" and "online marketing"; a variety of online services for the traditional service industry to provide a new way of service.

(5) E-commerce will bring a new financial industry. As online electronic payment is the key link of e-commerce, e-commerce is also the basis for the smooth development of conditions, with e-commerce in the electronic transaction link breakthroughs, online banking, bank card payment networks, bank electronic payment systems, as well as online access to the service, e-checks, e-cash and other services, will be the traditional financial industry into a completely new field. October 1995, the world's first Online banking "Security First Network Bank" (Security First Network Bank) was born in the United States, the bank has no buildings, no address, the business hall is the home screen, only 10 employees, with total assets of more than 200 billion U.S. dollars compared to the United States Citibank. "Security First Network Bank" is simply insignificant, but different from Citibank, the bank all transactions through the Internet, the amount of deposits in 1996 reached 14 million U.S. dollars, is expected to 1999 will reach 400 million U.S. dollars.

(6) E-commerce will change the behavior of the government. The government bears a large number of social, economic and cultural management and service functions, especially as a "visible hand", in regulating the operation of the market economy, to prevent market failures brought about by the inadequacy of a great role. In the era of e-commerce, when the application of e-commerce for production and operation, banks are financial electronic, as well as consumers to achieve online consumption at the same time, will be the same on the government management behavior to put forward new requirements, e-government, or online government, with the development of e-commerce and become an important role in society.

In short, as a process of business activity, e-commerce will bring an unprecedented revolution. Its socio-economic impact will far exceed that of business itself. In addition to these impacts, it will also have a huge impact on employment, the legal system, and culture and education. E-commerce will really bring mankind into the information society.